TEAM SALE ON TRACK, STILL NOT IMMINENT

The O’Malley Group continues to negotiate the purchase of the Padres, although no agreement will be reached before the end of the All-Star break, two sources said Friday.

The O’Malley’s exclusive negotiating period has been extended.

“The sale is advancing, but it’s nowhere close to being completed,” a source said. “Some details of the negotiations have slid backwards. But overall, there continues to be progress toward an agreement in a very complicated transaction.

“Some of it is being renegotiated.”

One source said an agreement looked imminent earlier this week but could be at least 10 days away now. The negotiations are complicated by majority owner John Moores being out of the country on vacation.

Moores owns 50.68 percent of the Padres. The minority group put together by Jeff Moorad in 2009 to purchase the Padres owns 49.32 percent. When the sale is completed, some of the minority partners will be joining the O’Malley Group.

Moores is seeking approximately $800 million for the Padres. The sale price includes $200 million that the club has received in advance payments from Fox Sports San Diego as part of the 20-year, $1.2 billion television deal.

“I’m sure it’s going to get done,” said a source. “But it is very complicated sale. Reaching an agreement in one area creates questions elsewhere.”

Among the recently discussed issues is ownership of the parking lots around Petco Park that could eventually be part of the land needed for the proposed Chargers stadium.